Each day scatter graphs over participant input are provided for the spot maturity. The graphs are intended to provide greater granularity in the distribution of the daily data. Each maturity reflects the yield input for each participant labels as either (D) for dealer or (B) for buyer/investor. The Y-axis represents yield, there is no X-axis. The black square box on each graph represents the Consensus (i.e. median) value for each maturity.

In addition MMA monitors the difference of perspective within the Consensus. The input of each Consensus participant is confidential and the graphs of the following subsets are made available to illustrate the differences of industry perspectives and business models.

Large Dealer v. The Consensus - The large dealer is significantly through The Consensus because it has the power to buy and sell at high prices.

Mutual Fund v. The Consensus - The Mutual Fund is not making big bets so its numbers are usually closely surrounding those of The Consensus

Regional Retail Dealer v. The Consensus - The Regional Retail Dealer is selling to individual investors and is therefore cheaper than The Consensus.

Regional Dealer/Institutional v. The Consensus - The Institutional Regional Dealer is mixed cheaper and more expensive than The Consensus depending on its involvement in regional new issues.

Money Manager v. The Consensus - The Money Manager has the ability to pick and choose when it wants to buy or sell so it yields are lower than The Consensus.

Hedge Fund v. The Consensus - Hedge Funds are very liquid and can act like a large dealer if they choose, therefore their yields are similar to the Large Dealer's

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